DKSH to buy Auric's distribution business in Singapore, Malaysia for 160m Swiss francs

Singapore

DKSH, a company which helps other firms expand their business, on Friday said it has inked a deal to acquire the consumer goods distribution business of Auric Pacific in Singapore and Malaysia for 160 million Swiss francs (S$220.8 million).

Auric is an investment holding firm involved in various consumer businesses in the Republic, such as food manufacturing. It owns the Food Junction food courts and Delifrance cafes. The comp…